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dc.creator Campante, Filipe
dc.creator Glaeser, Edward L. (Edward Ludwing)
dc.date.issued 2018-02-02
dc.identifier.issn 2196-436X
dc.identifier.uri http://hdl.handle.net/11651/3220
dc.description Argentine exceptionalism, comparative development, industrial development, education, political instability
dc.description.abstract Buenos Aires and Chicago grew during the nineteenth century for remarkably similar reasons. Both cities were conduits for moving meat and grain from fertile hinterlands to eastern markets. However, despite their initial similarities, Chicago was vastly more prosperous for most of the twentieth century. Can the differences between the cities after 1930 be explained by differences in the cities before that date? We highlight four major differences between Buenos Aires and Chicago in 1914. Chicago was slightly richer, and significantly better educated. Chicago was more industrially developed, with about 2.25 times more capital per worker. Finally, Chicago’s political situation was far more stable and it was not a political capital. Human capital seems to explain the lion’s share of the divergent path of the two cities and their countries, both because of its direct effect and because of the connection between education and political instability.
dc.format application/PDF
dc.language.iso eng
dc.publisher Centro de Investigación y Docencia Económicas
dc.relation.ispartof Latin American Economic Review, volumen 27, número 1, febrero de 2018
dc.rights La revista Latin American Economic Review autoriza a poner en acceso abierto de conformidad con las licencias CREATIVE COMMONS, aprobadas por el Consejo Académico Administrativo del CIDE, las cuales establecen los parámetros de difusión de las obras con fines no comerciales. Lo anterior sin perjuicio de los derechos morales que corresponden a los autores.
dc.source 2196-436X
dc.title Yet another tale of two cities: Buenos Aires and Chicago
dc.type Artículo
dc.accessrights Acceso abierto
dc.recordIdentifier 000003220
dc.rights.license Creative Commons Reconocimiento-NoComercial-SinObraDerivada 4.0 International CC BY-NC-ND
dc.relation.project “John S. and Cynthia Reed foundation”
dc.relation.project "Taubman Center for State and Local Government"
dc.identifier.citation En: Latin American Economic Review, volumen 27, número 1, febrero de 2018
dc.identifier.doi https://doi.org/10.1007/s40503-017-0052-7
dc.relation.dataset http://www.ggdc.net/maddison/
dc.identifier.url https://link.springer.com/article/10.1007/s40503-017-0052-7


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